RBI Signs MoU with European Markets Regulator ESMA

In January 2026, the Reserve Bank of India signed a Memorandum of Understanding (MoU) with the European Securities and Markets Authority (ESMA) during the India visit of the Presidents of the European Council and the European Commission.

The MoU aims to enable formal recognition of the Clearing Corporation of India Limited (CCIL) and other RBI-regulated Central Counterparties (CCPs) by ESMA.
Such recognition will allow Indian CCPs to provide clearing services to European market participants in compliance with EU regulations.
The agreement establishes a framework for regulatory cooperation, consultation and information exchange between RBI and ESMA.
Both authorities will jointly monitor the ongoing compliance of recognised CCPs with the conditions laid down under the EU regulatory framework.